Financial Report July 1, 2011–June 30, 2012
Balance Sheet
ASSETS
ASSETS Cash and cash equivalents Investments Other assets Accounts receivable-Students Receivables-Government entities Pledges receivable Student loan receivable Other receivables Agency funds Deposits with Bond Trustees Property, plant & equipment-Net
• • • • • • • • • • •
TOTAL ASSETS LIABILITIES
LIABILITIES Accounts payable and accrued liabilities Deferred income and deposits U.S. government grants refundable Bonds payable Expected post retirement benefit obligation Other liabilities Deposits held in custody for others
• • • • • • •
TOTAL LIABILITIES
NET ASSETS
NET ASSETS Unrestricted net assets Temporarily restricted assets Permanently restricted assets
• • •
$23,524,643 $22,528,275 $2,087,240 $650,432 $560,557 $1,634,204 $2,236,360 $512,930 $290,196 $1,155,041 $55,310,497 $110,490,375
$1,439,994 $9,553,209 $2,236,208 $27,421,541 $1,616,157 $1,028,855 $290,196 $43,586,160
$57,769,470 $1,653,021 $7,481,724
TOTAL NET ASSETS
$66,904,215
TOTAL LIABILITIES AND NET ASSETS
$110,490,375
Statement of Activities
REVENUES
REVENUES Student tuition and fees Auxiliary enterprises Government contracts and grants Gifts and pledges Investment income Other sources Postgraduate education
• • • • • • •
TOTAL
EXPENSES
EXPENSES Instruction/Student services Physical plant General administration Research Institutional advancement Student financial aid Postgraduate education
• • • • • • •
TOTAL
40
78.82% 9.31% 5.01% 3.04% 1.56% 1.88% 0.39% 100.00%
42.61% 27.19% 18.01% 7.18% 2.68% 1.61% 0.72% 100.00%